Zip 59247 (Medicine Lake, MT) Cost of Living


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United States / Montana / No Metro Area / Sheridan County / Medicine Lake / Medicine Lake (zip 59247)

Medicine Lake cost of living score
79.2
Less expensive
20.8% lower
than the US average
20.8% lower
than the Montana average
Medicine Lake (zip 59247), Montana gets a BestPlaces Cost of Living score of 79.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.8% lower than the U.S. average and 20.8% lower than the average for Montana.

Zip 59247 (Medicine Lake, MT)

Housing costs in Medicine Lake?
A typical home costs $94,700, which is 72.0% less expensive than the national average of $338,100 and 78.6% less expensive than the average Montana home, at $441,800. Renting a two-bedroom unit in Medicine Lake costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 17.9% cheaper than the state average of $990.

Can I afford Medicine Lake?
To live comfortably in Medicine Lake (zip 59247), Montana, a minimum annual income of $18,000 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Medicine Lake?
The cost of living in 59247 Medicine Lake, MT is relatively low compared to the U.S. average. The median home value in this zip code is $118,200, which is much lower than the national median of $216,200. Groceries are also cheaper than average as prices for food and drinks are about 11% below the national index. Furthermore, utilities such as electricity and water cost on average 8% less than the U.S. average. These factors make Medicine Lake an affordable place to live for many families and individuals alike.
   Cost of living score
     CategoriesMedicine LakeMontanaUnited States
  79.2100.0100.0
  97.499.6100
  101.599.6100.0
  66.1121.3100.0
  $94,700$441,800$338,100
  89.0%90.7%100.0%
  85.475.2100.0
  93.590.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime